The Fort Worth-based company announced the cash and stock deal early Thursday with the fourth-largest provider of point-of-sale payments. FirstCash operates over 2, pawn shops in the U.
The deal consists of 8. Today it has 16, employees in 25 U. The company launched a lease-to-own pilot program in FirstCash stores in late , said T. Brent Stuart, president and chief operating officer. American First Finance will operate as a Dallas-based business unit of FirstCash when the deal closes.
Its network includes 6, retail merchants and e-commerce platforms with product lines ranging from furniture and mattresses to jewelry, appliances and electronics. The deal is expected to close later this year or early next year, pending regulatory approvals. Paul O'Donnell , Business Editor. Paul directs the work of an award-winning staff covering business news in the nation's fourth largest metro region.
He's been The News' business editor since Become a business insider. Get the latest headlines delivered to your inbox every weekday. By signing up you agree to our privacy policy. Layaway Services. You never know what you'll find on our shelves We buy and sell just about everything Start Hunting.
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